part b) Record the collection of the Lopez note as its maturity in 2022.

Elburn Supply Co, has the following transactions related to notes reccivable during the last 2 months of 2022. The company does not make entries to accrue interest except at December 31. Nov 1 Loaned $30,000 cash to Manny Lopez ona 12 month, 10 \% note. Dec. 11 Sold goods to Ralph Kremer. Inc, receiving a 5.6 .750 , 90 .dry, ges note 16 Received $4,000,180 day, 98 note to settle an open account from Joe Fernett. 31 Accrued interest revenue on all notes recelvable. (a) Journalize the transactions for Elburn Supply Co (Imere entries for cost of goods sold) (Credit account tities are automatically indented when amount is entered. Do not indent manually. Use 360 das for calculotion. Round answers to 0 decimal places, 58,5,275. Record journal entries in the order presented in the probiem) Record the collection of the Lopez note at its maturity in 2023. (Credit occount tities are automatically indented when amount is entered. Do not indent manually